@Guillermo Kennedy, it's certainly possible to use the existing LLC as a joint venture entity; the legally binding agreement here would be amending the existing operating agreement and updating the current cap table to reflect the new members of the joint venture.

The problem was either the tenant or deferred maintenance.In many cases, the existing rent has not kept pace with market rents.

pre existing partnership on another commercial property How did you find this deal and how did you negotiate it?

The girfriend has not admitted that the new boyfriend has moved in, but it does appear a new lease is required instead of simply a renewal of existing lease. 

For a change of ownership of an existing rental, it's gonna be $200.

Hello everyone. I am purchasing a 4plex tomorrow and will be moving into one of the units. Every unit is currently occupied so I have chose the unit I want to move into and need to give a notice to vacate. They are cu...

FS ch. 82 was amended to make it much easier for the property owner, but certain conditions must exist to take advantage of the expedited manner.

Forums exist in large part to get opinions/advice on the thread subject.It is not reasonable for a tenant to protect their belongings for anything that can go wrong.  

Then that means we need a "non-traditional" loan (those do exist...but not at banks - again, usually).  

The numbers make more sense to buy an existing home and make that a SFR.